SGI Enhanced Core ETF (NASDAQ:USDX) Sees Large Drop in Short Interest

SGI Enhanced Core ETF (NASDAQ:USDX) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 393 shares, a decrease of 51.5% from the April 15th total of 811 shares. Based on an average daily volume of 43,529 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

SGI Enhanced Core ETF Stock Down 0.3%

NASDAQ USDX opened at $25.70 on Friday. The business has a 50 day simple moving average of $25.70 and a 200 day simple moving average of $25.73. SGI Enhanced Core ETF has a one year low of $25.22 and a one year high of $26.06.

SGI Enhanced Core ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, April 29th. Investors of record on Tuesday, April 28th were paid a $0.09 dividend. The ex-dividend date was Tuesday, April 28th.

About SGI Enhanced Core ETF

The SGI Enhanced Core ETF (USDX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund enhanced yield by actively managing a portfolio of high-yielding, ultra-short term fixed income instruments, while also employing a put-and-call options strategy. The fund seeks to generate additional income by selling short-term options. USDX was launched on Feb 29, 2024 and is issued by Summit Global Investments.